The most commonly used credit scores are those created by Fair Isaac Corporation, better known as FICO. Interesting enough, The Fair Isaac Corporation still preserves the mystery of how a FICO Score is truly calculated by never actually revealing the secret of their formula. Even if the secret was known, and there was a blanketed FICO Scoring Model, they reserve the right to make amendments without any notice. This leaves most consumers completely baffled about their credit and how it works. The fact of the matter is, FICO does not produce the scores. FICO created the software that is used by Equifax, Experian, and Transunion to produce scores. In turn, it is the credit bureaus that manipulate the FICO software by inputting their data into the FICO formula to produce their desired results. Fortunately for consumers FICO has disclosed a general outline of what information is used and how it is weighted.
Our system is designed to aggressively impact all 5 categories simultaneously. We will have monthly meetings to make sure we are sticking to the game plan, and on track to win! These meetings will include helping you to also build credit, and training you on how to manage your new credit appropriately to maximize your scores. This approach has a proven track record of great success. After all, your success is our success!